Here is the latest update of my model that is more than two years old. As you can see, NDX is BELOW the price predicted by my model, the most bearish outlook of anyone that I know in terms of time and price. My model is off only by about one week.
Jas
The NASDAQ is at 2600, not 200 per the "Jas Jain Bear Market Model."
Oops!
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3 comments:
Thanks. This Jain guy is a real piece of work.
"Kirk Lindstrom's Investment Letter Explore Portfolio" gained 33.5% in 2009. This portfolio has 75% in equities and 25% fixed income with a beta of 1.0.
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Free Sample Issue of Kirk's Investment Letter
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Since 12/31/98 through 12/31/09, "Kirk Lindstrom's Investment Letter Explore Portfolio" gained 159% (a double plus another 59%!!) vs. the S&P500 UP a tiny 8.6% vs. NASDAQ UP a tiny 3.5%
Today the NASDAQ closed at 2147 yet he is still ranting about a market collapse to NASDAQ 200!!!
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